Stoke,ST6, RICS Valuation £35,000
Available For £21,000 CASH
40% discount available to a cash buyer
The property
Due to the required £3k works required on this property (RICS val and quotes for work available on request,) plus the lender's minimum lending criteria, this property requires a cash buyer. The post works valuation is £40,000, so once a 75% mortgage is obtained, the purchase cost plus a further £9,000 will be raised.
Ground floor 1 bedroom flat which is part of a Victorian house conversion. Conveniently situated for local amenities and is close to the A500. The property briefly comprises of own entrance door, kitchen, living room, bedroom and bathroom with electric shower. Leasehold.
Some works required, pictures available.
- 40% Discount
- Cash Buyer Required
Property details
| Type of property |
Flat |
| Bedrooms |
1 |
| Garden/yard |
Rear Only |
| Heating |
GCH |
Investment details
| Target rent |
£250 per month |
| Value |
£35,000 |
| Valuation fee |
£NIL |
| Stamp Duty |
£NIL |
| Legal fees |
£900 including disbursements and VAT |
| Finder’s fee |
£1,500 |
| Equity on completion |
£40,000 |
What do I do next?
Contact us on 01904 772 393
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